It's Time to Invest in Gold and Silver. Here's Why

If you’re looking for a new investment this year, now might be the perfect time to think about investing in gold and silver. Market experts are adamant that the prices of both gold and silver will rise sharply before the year is out, leading to massive profit potential for investors. However, that’s not the only reason why you should be interested in this type of investment.

Added Security

Investing in gold and silver provides security for investors. The reasons for this are simple. Gold and silver are investments that you can touch and hold in your hand, and as such, there is no way that a technical error or banking mistake could take them away from you. This is one of the reasons why investors often describe precious metals as the one true form of currency. You will often see financial experts buy into gold and silver when they expect the economy to take a turn for the worst.  Expert investors are keen to make sure that when the economy does fail, they have a source of capital that they can depend on.

The Right Price

The price is currently right to invest in gold and silver. It’s lower than it should be and you can get fantastic deals on investment bundles or even single bars if you purchase somewhere like Bullion For Less. Right now you will spend a lot less than the gold or silver that you’re buying is actually worth, so with the expected rise in prices on the horizon, your potential for profit is absolutely massive. Gold prices are expected to rise to $1,260 troy ounce by the time the year is out.

A Loss of Faith

The general rule is that gold and silver do well on the market when other investments are doing poorly. Or, when people lose their faith in the banks. This could start to happen again as early as next year with Forbes predicting that various economic downturns could lead to a global recession before the end of 2018. While that might sound rather bleak, it will make gold and silver investments made this year incredibly valuable.

Global Demand

To stay rich in the modern market or make a lot of money you have to look to economies with huge growth rates. In 2017 that means India and China, both of which are showing an increased interest in gold and other precious metals. Demand for gold rose in China by 32 percent several years ago. Meanwhile, India saw a 13 percent rise in demand for the precious metals. Since gold can be sold and traded globally, there is nothing stopping new investors capitalising on this growing demand.

You Can Decide How You Buy

With fresh investment options on the market, you can now decide how you buy gold and silver and what type of investment you want. You can even store your gold and silver bullion and coins with specialist companies such as Cardiff Safe Deposit who offer state of the art safe deposit facilities. This means that you will not need to worry about the risk of storing it in your home.

As such, there has never been a better time to invest in gold and silver. At Bullion For Less you will find friendly and helpful staff who will be happy to guide you through the process of investing in silver and gold so either give us a ring or pop into our offices for some advice!

Silver. Is it a Smart Investment?

The investment markets are always changing and what might be a great option for investing your money right now, might not be so great in a few years’ time. However, there are some investments that are considered a lot safer than others. That’s because they aren’t quite as volatile and even if they do decrease in value, they shouldn’t drop at an alarming rate, unlike some riskier investments. Precious metals, especially silver, are often viewed as one of these safe investments.

Is Silver A Smart Investment?

So, is silver considered a good investment? In a word: Yes! Firstly, as silver is an element, that means it can be used in a variety of different industries and production methods. As a result, it is often in high demand.

Secondly, the silver market is quite tiny, especially when you compare it to the gold one. And that’s a good thing! And that’s a good thing if you look at it like this: smaller markets are often relatively volatile. But as that is what is expected with small markets, you don’t have anything to worry about. Even if the value of your silver does dip slightly one day, you can guarantee that it will be up again the next!

The Best Way To Invest In Silver

When you decide that you are ready to invest a portion of your money into silver, there are a few ways you can go about this. You might want to invest in some silver exchange-traded funds. Even though these are called funds and act like funds, they are, in actual fact, shares. You would need to buy these shares from a stockbroker.

You can also buy shares in silver mining companies. However, it is worth noting that this is one of the riskiest ways to invest in silver. Even though the price of these shares can rise rapidly, they can also plummet just as quickly.

A much easier and safer form of silver investment is to buy silver bullions and coins. Even though the price of silver bullions doesn’t rise quite as quickly as stocks and funds, you will find that it is much safer as the price is less likely to fall. These bullions and coins are easily available to purchase from Bullion For Less. We even offer special investor packs to make it even easier to put your cash in this precious metal.  Once you do buy bullions from us, you have the added advantage of being able to store them securely in our stores.

Do you still have some burning questions about investing in silver? Don’t hesitate to get in touch with us, and we can give you all the information you need to know. Feel free to pop into your nearest store for a chat with one of our advisers!

How to buy and store gold and silver bullion locally

There’s no doubt about it, gold and silver are a great investment. These precious metals have attracted a considerable amount of interest for thousands of years.

In the past, gold (and silver) were so valuable because they were objects that could be moved around easily as people travelled from place to place. Gold or silver could be worn as jewellery, it did not corrode like other metals and was light to carry around.

Even today, gold and silver are still valuable commodities. In many countries around the world gold is a popular choice for investors because its value remains stable and often unaffected even in turbulent economic times.

Gold or silver investments are usually made in either bullion or coins. Once purchased, the majority of investors will keep their gold or silver as a medium to long term investment, with four to five years being the minimum investment period.

Gold is the preferred choice for many because it is deemed to be a ‘safe haven’. Alternative investment options such as bonds often perform badly in an environment where the interest rates rise because inflation decreases the value of the investment. Equities are another option, but these can also fall during turbulent economic times. More often than not, gold and silver offer increased protection in both of these scenarios. Even if the price of gold and silver does fall, investors simply keep their investment for a little longer until the price recovers.

How to Invest

Buying gold bullion offers a number of benefits, but buying and storing gold locally is even better. Purchasing gold from a local company is a very personal experience. By visiting a local company, you can walk in with cash or a card, inspect in detail the gold that you wish to purchase and walk out of the shop with your gold investment.

With online purchasing you are buying gold that you have never seen and you are exchanging money with an anonymous online company. 

Many investors also prefer the relaxed nature of shopping for gold in person and they find that it is much easier to browse and network with other gold investors.  A local gold bullion dealer will often take the time to speak with you about gold investments. This makes them a great resource not just for buying and selling, but also for gaining ‘inside knowledge’ to the world of gold investing.   

When deciding how and what to invest, you can place relatively small amounts of money into shares of gold or silver. This is where the knowledge of your local bullion dealer comes in useful. Bars of gold can also be purchased in a variety of weights to suit your specific requirements.

Gold and silver coins are also a suitable alternative and are the preferred choice for some investors. The coins can even be minted. Popular options for minted coins include Maple leaves, Sovereigns and Kruggerands.

Storage

Once you have decided what type of gold or silver to invest in, it is important to consider how your investment will be stored. Professional and secure storage is the preferred option and it is wise to think about how much this storage is going to cost. Keeping thousands of pounds in gold at home is not recommended and it won’t be covered by your insurance if it is lost or stolen. Some local bullion dealers offer storage facilities for their customers so it is always worth enquiring when you buy the gold whether this is an option that they also provide.

Buying gold locally is the preferred choice of many investors. Not only do you get to speak with someone who is knowledgeable about the gold that you are buying they can also provide valuable information and advice on your gold investment, helping you to maximise your return.

Bullion for Less allows you to buy from three locations, in Cardiff, Swansea and Llanelli.  They also have two state of the art safe deposit facilities where you can store you gold or investments with a complete peace of mind.  Contact them today to find out more